Portsmouth, VA Office Space for Rent

Search 22 listing(s) across all major Portsmouth, VA office markets.

1 Guardian Court

1 Guardian Court, Downtown Portsmouth, Portsmouth, VA
Space Type

Office
For Lease Contact for pricing

1 space available / 1,728 SF
View Details
Towne Bank Building

200 High Street, Downtown Portsmouth, Portsmouth, VA
Space Type

Office
For Lease

$18.50/SF/YR
2 spaces available / 661 - 1,685 SF
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OFFICE/RETAIL SPACE - 313 High St

313 High St, Downtown Portsmouth, Portsmouth, VA
Space Type

Office
For Lease

$246.50/MO
1 space available / 3,227 SF
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Freestanding Office Building For Sale or Lease in Olde Towne Portsmouth

441 Washington St, Olde Towne Portsmouth, Portsmouth, VA
Space Type

Office
For Lease Contact for pricing

1 space available / 6,504 SF
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8-Story Multi-Tenant Office Building

355 Crawford Street, Olde Towne Portsmouth, Portsmouth, VA
Space Type

Office
For Lease Contact for pricing

12 spaces available / 110 - 10,500 SF
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The IncuHub - Portsmouth

100 7th Street Suite 104, Portsmouth, VA
Space Type

Private Offices
For Lease

From $395/month
Space for 1 to 3 people
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Bloom Coworking - 719 High Street

719 High Street, Portsmouth, VA
Space Type

Private Offices
For Lease

Contact for pricing
View Details
Bloom Coworking - 739 High Street

739 High Street, Portsmouth, VA
Space Type

Private Offices
For Lease

From $419/month
Space for 1 to 4 people
View Details
House of Suites - 600 Crawford Street

600 Crawford Street, Portsmouth, VA
Space Type

Private Offices
For Lease

Contact for pricing
View Details
802 5th Street

802 5th Street, Portcentre Commerce Park, Portsmouth, VA
Space Type

Office
For Lease

$14.00/SF/YR
1 space available / 1,806 SF
View Details
The Crawford Building

600 Crawford St, Downtown Portsmouth, Portsmouth, VA
Space Type

Office
For Lease

$19.00/SF/YR
3 spaces available / 3,200 - 3,400 SF
View Details
1 High Street

1 High Street, Downtown Portsmouth, Portsmouth, VA
Space Type

Office
For Lease

$23.00/SF/YR
1 space available / 4,100 SF
View Details

Office Space Rents in Portsmouth, VA

Asking prices for office space in Portsmouth vary and are generally influenced by such factors as the property location, the building quality rating, and the proximity to amenities like restaurants, cafes, and entertainment venues, as well as how convenient access is to and from public transport, airports, and thoroughfares.

Most commonly, the cost in any location will first be influenced by the property class rating, which can be A, B, or C. Meanwhile, Class B space in Portsmouth asks $19.79 per square foot, on average.

Overall, the average rent for office space in Portsmouth is $19.53 per square foot. The maximum rental rate among listings for lease in Portsmouth is $25 per square foot. Meanwhile, the minimum rental rate in Portsmouth is $14 per square foot.

Average Office Rents by Property Class in Portsmouth vs Virginia

Portsmouth Class B Office Space

$19.79

Virginia Class B Office Space

$27.59

Top Locations to Rent Office Space in Portsmouth, VA

There is no one-size-fits-all answer as to what the best office space for rent location is in Portsmouth. The best neighborhood or submarket match for you will depend on what are the most relevant factors to your business and your employees. You will most likely need to consider what works best for the type of business you need space for, the size of your company, the employee demographics, and of course the company budget.

However, a good starting point for finding your best options is to look at the areas where there is a high concentration of office property listings. These areas are typically well-connected to a range of access routes and are also home to a variety of amenities that serve the convenience of both workers and visitors. In Portsmouth, the greatest concentration of office for rent opportunities is in Greater Chesapeake.

For your consideration, the average rent for office space in Greater Chesapeake is $28.5 per square foot, but you should expect some price variation across the market, depending on factors like location and property class.

Best Areas to Rent Office Space in Portsmouth

Submarket No. of Listings Avg. Asking Rent Class A&A+ Rent Class B Rent Class C Rent Vacancy Rate

Greater Chesapeake 12 $28.5 $28.5 9.47%

Portsmouth 10 $20 $20 32.03%

Key Factors to Consider when Choosing an Office Space for Rent in Portsmouth, VA

The quality of an office property can be judged based on subjective factors such as the prospective tenant’s preferred architecture style, the overall design of the surrounding area, as well as the amount and/or diversity of amenities available within a convenient distance.

Some quality factors, however, are considered to be mostly objective, and have been somewhat standardized as top things to consider when looking for a specific quality of space for your business. These include construction grade and building quality ratings, sustainability certifications, the total age or the property, as well as any renovation work that was done.

A local breakdown by property class shows that about 35.91% office space listings in Portsmouth are in properties rated class A. Class B space makes up 64.09% space available in Portsmouth.

If considering quality space by property age, the Portsmouth market is also a mixed bag in this respect. About 57.18% of local office properties were completed before the year 2000. Office space delivered in and since the year 2000 makes up 42.82% of the local market and adds up to a total of 65,000 square feet.

However, a certain age of completion of the original structure does not necessarily mean that a property is too old. Older properties are often considered to have excellent bones and are good subjects for adaptive reuse redevelopment or extensive renovation to modernize the interior space. With that in mind, you should consider that roughly 0% of all office properties here are buildings that have been renovated at least once since 2000.

Portsmouth, VA Office Space for Lease by Building Class

Class A
Class B

Portsmouth, VA Office Property By Year Built

1950 - 1975

1975 - 2000

After 2000

Finding Office Space for Rent in Portsmouth, VA Near You

If you have a certain point of interest in mind for renting an office in Portsmouth, it’s easy to navigate local leasing opportunities around it. Using our interactive search map, you can zoom in to your preferred location and then customize your search area around that specific point of interest by selecting “Radius” from the Search Mode options menu. Establish the center of your desired search area with one click on the map, and then expand the radius as much as you need to. Browse the resulting list of available office spaces for rent to find the best match for your location and other business needs.

Data was provided by Yardi Research Data and refers to office properties at least 25,000 square feet in size. Prices shown reflect the average rate per square foot.

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Portsmouth, VA Office Space for Rent

1 Guardian Court

Towne Bank Building

OFFICE/RETAIL SPACE - 313 High St

Freestanding Office Building For Sale or Lease in Olde Towne Portsmouth

8-Story Multi-Tenant Office Building

The IncuHub - Portsmouth

Bloom Coworking - 719 High Street

Bloom Coworking - 739 High Street

House of Suites - 600 Crawford Street

802 5th Street

The Crawford Building

1 High Street

Office Space Rents in Portsmouth, VA

Average Office Rents by Property Class in Portsmouth vs Virginia

Top Locations to Rent Office Space in Portsmouth, VA

Best Areas to Rent Office Space in Portsmouth

Key Factors to Consider when Choosing an Office Space for Rent in Portsmouth, VA

Portsmouth, VA Office Space for Lease by Building Class

Portsmouth, VA Office Property By Year Built

Finding Office Space for Rent in Portsmouth, VA Near You

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